Paysafe, a leading payments platform, has partnered with CMC Markets, a global provider of online trading and investment services. The collaboration enables CMC Markets to extend its payment options across the European Economic Area (EEA), Southeast Asia, the Middle East, and other international markets, excluding the UK and the U.S.
As part of the agreement, Paysafe’s digital wallets, Skrill and Neteller, become the first alternative payment methods available to CMC traders in these regions. Both wallets, with more than 20 years of experience serving the forex and financial trading industry, provide customers with fast, secure, and trader-focused funding solutions.
CMC traders can now use Skrill or Neteller to fund their accounts and make withdrawals without delays. Funds moved into either wallet can be transferred to a bank account, card, or another payment method, or reinvested into new trading positions with CMC.
The wallets’ global reach, available in 130 countries, sets the stage for future expansion of the partnership into regions such as Latin America, along with the integration of additional Paysafe payment solutions.
Rob Gatto, Chief Revenue Officer at Paysafe, said the collaboration reinforces the company’s commitment to serving the trading community: “We’re delighted to partner with a financial trading broker as prestigious and well-established as CMC Markets, which has over 35 years’ industry experience. Our digital wallets also have a long history serving the online trading community and are very popular with traders, so we look forward to facilitating transactions for new and existing customers of CMC Markets, as well as expanding the partnership into other global markets.”
Alexander Praill, Head of Payment Services at CMC Markets, added: “This exciting partnership with Paysafe will be instrumental in delivering a consistent and cohesive payments experience to our clients.”
“Considering Skrill and Neteller’s global popularity, with millions of users worldwide, and their long association with online trading, this integration is particularly impactful. Traders will now be able to make payments and withdrawals using their preferred medium, giving them the freedom to trade their way and strengthening our customer-centric approach,” he added.
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